Free Trial

State Dep't Outlines Latest USD200mn Security Package For Ukraine


The US State Department has announced its latest package of security assistance for Ukraine, totalling USD200mn. A statement from Secretary of State Anthony Blinken says that the packed "is being executed from previously authorized Presidential Drawdown Authority," and "includes air defense munitions, artillery rounds, anti-armor capabilities, and additional mine-clearing equipment."

  • This latest package comes in the aftermath of President Joe Biden's maximalist request to Congress for USD24bn for Ukraine as part of a broader USD40bn spending package for FY2024. There is likely to be staunch opposition from the right-wing populist wing of the Republican party in the House of Representatives, with members having raised qualms with continued significant funding to Kyiv. In July, 70 GOP reps backed an unsuccessful motion to cut funding for Ukraine.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.